Buckingham Reconfirms United Continental (NYSE:UAL) As a “Buy”; They Now Have a Price Objective Of $108

September 8, 2018 - By Margaret Guttierez

United Continental Holdings, Inc. (NASDAQ:UAL) Logo

Investors sentiment increased to 0.76 in Q1 2018. Its up 0.10, from 0.66 in 2017Q4. It is positive, as 52 investors sold United Continental Holdings, Inc. shares while 183 reduced holdings. 70 funds opened positions while 108 raised stakes. 254.22 million shares or 2.29% less from 260.19 million shares in 2017Q4 were reported.

Vident Inv Advisory Ltd Llc invested in 0.14% or 49,339 shares. Strs Ohio reported 914,672 shares or 0.28% of all its holdings. Preferred Lc holds 398 shares. Tarbox Family Office reported 0% in United Continental Holdings, Inc. (NASDAQ:UAL). Royal Bankshares Of Canada has invested 0% in United Continental Holdings, Inc. (NASDAQ:UAL). Korea Invest holds 0.03% of its portfolio in United Continental Holdings, Inc. (NASDAQ:UAL) for 95,640 shares. Lsv Asset Mgmt owns 4.25M shares or 0.47% of their US portfolio. M&T National Bank & Trust Corporation holds 18,378 shares or 0.01% of its portfolio. The Massachusetts-based Adage Capital Prtn Group Limited Com has invested 0.06% in United Continental Holdings, Inc. (NASDAQ:UAL). Gendell Jeffrey L invested in 632,966 shares. Bbt Cap Mngmt Ltd Liability Company has 0.39% invested in United Continental Holdings, Inc. (NASDAQ:UAL). Moreover, Louisiana State Employees Retirement has 0.05% invested in United Continental Holdings, Inc. (NASDAQ:UAL). Cleararc Cap Inc invested in 0.06% or 6,163 shares. Cubic Asset Mngmt Lc holds 4,000 shares. 31,882 were reported by Strategic Advsr Ltd Limited Liability Company.

Since March 14, 2018, it had 3 insider purchases, and 2 insider sales for $6.36 million activity. Another trade for 2,000 shares valued at $144,000 was sold by Hart Gregory L.

United Continental (NYSE:UAL) Rating Reaffirmed

The broker has just set a target of $108 on United Continental (NYSE:UAL) shares. This is 23.18 % from the previous close. In an analyst report issued on Friday morning, Buckingham maintained their “Buy” rating on shares of UAL.

United Continental Holdings, Inc. (NASDAQ:UAL) Ratings Coverage

Among 10 analysts covering United Continental (NYSE:UAL), 5 have Buy rating, 0 Sell and 5 Hold. Therefore 50% are positive. United Continental has $108 highest and $74 lowest target. $81’s average target is -7.62% below currents $87.68 stock price. United Continental had 18 analyst reports since March 19, 2018 according to SRatingsIntel. The stock of United Continental Holdings, Inc. (NASDAQ:UAL) has “Hold” rating given on Thursday, March 29 by Stephens. Deutsche Bank downgraded the shares of UAL in report on Tuesday, July 3 to “Hold” rating. Cowen & Co maintained the shares of UAL in report on Wednesday, April 18 with “Hold” rating. Imperial Capital maintained it with “In-Line” rating and $77 target in Thursday, April 19 report. The firm earned “Buy” rating on Thursday, July 19 by Buckingham Research. The company was maintained on Tuesday, April 17 by Stephens. The stock of United Continental Holdings, Inc. (NASDAQ:UAL) earned “Equal-Weight” rating by Morgan Stanley on Thursday, July 12. Buckingham Research maintained United Continental Holdings, Inc. (NASDAQ:UAL) on Friday, September 7 with “Buy” rating. Macquarie Research upgraded the stock to “Outperform” rating in Thursday, July 19 report. The company was maintained on Thursday, April 19 by Morgan Stanley.

The stock increased 0.63% or $0.55 during the last trading session, reaching $87.68. About 2.44M shares traded. United Continental Holdings, Inc. (NYSE:UAL) has declined 11.95% since September 8, 2017 and is downtrending. It has underperformed by 24.52% the S&P500.

Analysts await United Continental Holdings, Inc. (NASDAQ:UAL) to report earnings on October, 17. They expect $2.91 EPS, up 31.08 % or $0.69 from last year’s $2.22 per share. UAL’s profit will be $793.28 million for 7.53 P/E if the $2.91 EPS becomes a reality. After $3.23 actual EPS reported by United Continental Holdings, Inc. for the previous quarter, Wall Street now forecasts -9.91 % negative EPS growth.

United Continental Holdings, Inc., together with its subsidiaries, provides air transportation services in North America, the Asia-Pacific, Europe, the Middle East, Africa, and Latin America. The company has market cap of $23.90 billion. The firm transports people and cargo through its mainline and regional operations. It has a 12.39 P/E ratio. As of December 31, 2016, it operated a fleet of 1,231 aircraft.

Another recent and important United Continental Holdings, Inc. (NASDAQ:UAL) news was published by Bizjournals.com which published an article titled: “American Airlines expanding in-flight live-TV offering” on September 07, 2018.

United Continental Holdings, Inc. (NASDAQ:UAL) Institutional Positions Chart

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